Trading through Gann Angles
- Thread starter DPKAUR
- Start date
I'm sorry to poke my nose here... I'm little anti-Gann coz I have seen my friends suffer trading with Gann level even after practicing it for over 4-5 years.
But here is why I'm commenting.. the guy who says "doesn't know how to implement is giving levels to trade"
Also.. these are not levels.. you are just giving a range.. this doesn't explain where to enter where to exit and where to get out............anyways carry on guys !! Don't take it the wrong way.. I just noticed so wanted to comment. I hv my own methods of trading and I dont trade Gann though I know quite enough about his methods...
this is from a very renowned and sought after book on trading. (for the reff on Gann though many would disagree)
Last edited:
Manishchan
I m asking for help for positional trade not for Intraday as DPKAUR is good at positional calculations
Everyone trade here with his or her own techniques no one is here to prove anything and I am not selling anything to anyone Even the so called EW technicals fails or any technical indicator fails if thr is a breakout or breakdown in any financial instrument
And there is a clear buy n sell levels and trade can be carried over to next target with trailing Sl and for security I have clearly nentioned take 2 moving Avgs n MACD indicator before u trade and all those entry points are with SL n with exit target It is on a person appetite how much he needs to take the profit or loss
I am not advocating everyone to follow GANN nethod
All those who invented something could not enjoy it only the future generation could enjoy the invention
Value of 100Rs is very big for a very poor person than to a very rich person
I m asking for help for positional trade not for Intraday as DPKAUR is good at positional calculations
Everyone trade here with his or her own techniques no one is here to prove anything and I am not selling anything to anyone Even the so called EW technicals fails or any technical indicator fails if thr is a breakout or breakdown in any financial instrument
And there is a clear buy n sell levels and trade can be carried over to next target with trailing Sl and for security I have clearly nentioned take 2 moving Avgs n MACD indicator before u trade and all those entry points are with SL n with exit target It is on a person appetite how much he needs to take the profit or loss
I am not advocating everyone to follow GANN nethod
All those who invented something could not enjoy it only the future generation could enjoy the invention
Value of 100Rs is very big for a very poor person than to a very rich person
Dear alvi7906,
Yes Gann theory works on intraday period also, but i don't trade intraday. I am a positional trader as I am more comfortable with positional trades. I am not against the intraday trades but with my experience I have concluded that money can only be made only through positional trades rather than intraday trades. Those people who were invested from the period of 2012 to May2014 have made great profits which might not be possible in intraday trades. I think that other senior members too agree with me regarding this.
And I request you to kindly open a new thread for intraday trades so that there will no space left for confusion on "Positional" or " Intraday" trades. Hope you can understand....
Regards:
DK
Yes Gann theory works on intraday period also, but i don't trade intraday. I am a positional trader as I am more comfortable with positional trades. I am not against the intraday trades but with my experience I have concluded that money can only be made only through positional trades rather than intraday trades. Those people who were invested from the period of 2012 to May2014 have made great profits which might not be possible in intraday trades. I think that other senior members too agree with me regarding this.
And I request you to kindly open a new thread for intraday trades so that there will no space left for confusion on "Positional" or " Intraday" trades. Hope you can understand....
Regards:
DK
Dear Manishchan,
As far as your point is concerned I would like to say that there are 2 types of people in this world: One who believe in God and the others who dont believe in God. But it doesnt mean that who believe in God are good and the otherones are bad. The main thing is FAITH
Similarly some follow Gann and some dont follow gann, some follow other systems like fibonacci, moving averages, breakouts etc but it doesn't mean that who don't follow Gann are not making money.They people too are making money. Gann systems are not HOLY GRAIL. Stoplosses are also get triggered in Gann
I am Gann follower and trading the markets from the last few years using ONLY GANN THEORIES successfully.
If your friends are not making money from the last 4-5 years by using Gann then its their fault. There might be something wrong in their learning process.
And the clip which you have shared is rubbish. You have collected only the negative points about Gann where as there are many positive things available about Gann but you picked only the nagative one.
As far as your point is concerned I would like to say that there are 2 types of people in this world: One who believe in God and the others who dont believe in God. But it doesnt mean that who believe in God are good and the otherones are bad. The main thing is FAITH
Similarly some follow Gann and some dont follow gann, some follow other systems like fibonacci, moving averages, breakouts etc but it doesn't mean that who don't follow Gann are not making money.They people too are making money. Gann systems are not HOLY GRAIL. Stoplosses are also get triggered in Gann
I am Gann follower and trading the markets from the last few years using ONLY GANN THEORIES successfully.
If your friends are not making money from the last 4-5 years by using Gann then its their fault. There might be something wrong in their learning process.
And the clip which you have shared is rubbish. You have collected only the negative points about Gann where as there are many positive things available about Gann but you picked only the nagative one.
Manischan for you:
WILLIAM DELBERT GANN an eminent America an economist, financer, stock market analyst, pioneer in the use of astrology to forecast the market………..
Popularly called as WD by his friends, William Gann was one of the founding fathers of financial astrology. William Delbert Gann was no “Wall Street Tipster” sending out market letters and so called ‘inside information. He was a pioneer in the field of technical analysis in stock and commodity trade.
The first analyst to study and discover the relationship between time and price, he based his market trading and forecasting methods on time as well as on price. He said, “When you know how to use time with price you know how to trade”.
So accurate were Gann’s techniques that in October 1909 he made 286 trades in a period of 25 market days, on both the long and short sides of the market. Of these, 264 trades were profitable. In 1933, he made 479 trades. 422 out of them were earners and 57 were losers. The return on his capital was a staggering 4000%
Being able to forecast both time and price is the ultimate goal of technical analysis in stock and commodity trade and many believe that it is impossible to do. But Gann was able to work out not only with the turning points price would be but also when it would occur.
Gann was able to tell months in advance what stocks were going to do while others could always tell why the market behaved in a particular way after it had happened.
In late 1928, he even predicted the great stock market crash for the fall of October 1929, saying that it would be the start of the biggest panic in history.
Gann’s method of market forecast was the result of his deep study of the supply and demand, a mathematical chart of money, business and commodities. He was even observed on money occasions in the trading pits to carry papers, devices and charts that related to the belief systems for example the square of nine and the Mason’s set square and divider.
Gann’s success in market forecast was attributed to his keen interest in the subjects other than the established thought on economics, finance and markets.
He published work on numerology and astrology. He said that he found everything he needed in the bible. He spent time studying in London, Egypt and India where he is said to have picked up much of the occult knowledge he claimed to use in his market predictions. He also spent nine months studying at the Astor Museum in New York University and British Museum in London. The works of Sepharial, an English astrologer, also had their influence on Gann.
Gann also made significant discoveries involving time cycles, including his famous Master Time factor. He studied major cycles such as the 10–, 20–, 30–, 40–, 50–, 60–, 80– and 100– year cycles and watched for market of the past to be repeated in future. He also discovered that markets regularly make tops and bottoms on seasonal times of the year (Solstices and equinoxes) and on anniversaries of previous tops and bottoms. He thought his students to watch for tops and bottoms every 30 days or degrees. His Gann Symbol tells us that 90–, 180–, 270–, 360– days and degree counts (the square) and the 120 – and 240– days and degree counts (the triangle) and they should forecast more significant tops and bottoms. He gave much weight to the cycles of 144 and 360, and again, the one-quarter and on-third divisions of these cycles.
Along with famous stock and commodity predictions Gann could successfully predict a world war and a panic in stock in early 1914. he also predicted the end of word war I and the abdication of the Kaiser in March 1918. his prophetic novel “Tunnel Thru the Air” had the forecast of world war II and the attack on the United States by Japan at Pearl Harbour.
He wrote books and brought out news letters such as “The Busy Man’s News” and supply and Demand Letter”. The famous books written by him include “Truth of the stock Tape”. “Wall Street Stock Selector”, “How to Make Profits Trading in Commodities”, “45 years in Wall Street”, “Magic Word” and his famous novel “Tunnel Thru the Air”.
WILLIAM DELBERT GANN an eminent America an economist, financer, stock market analyst, pioneer in the use of astrology to forecast the market………..
Popularly called as WD by his friends, William Gann was one of the founding fathers of financial astrology. William Delbert Gann was no “Wall Street Tipster” sending out market letters and so called ‘inside information. He was a pioneer in the field of technical analysis in stock and commodity trade.
The first analyst to study and discover the relationship between time and price, he based his market trading and forecasting methods on time as well as on price. He said, “When you know how to use time with price you know how to trade”.
So accurate were Gann’s techniques that in October 1909 he made 286 trades in a period of 25 market days, on both the long and short sides of the market. Of these, 264 trades were profitable. In 1933, he made 479 trades. 422 out of them were earners and 57 were losers. The return on his capital was a staggering 4000%
Being able to forecast both time and price is the ultimate goal of technical analysis in stock and commodity trade and many believe that it is impossible to do. But Gann was able to work out not only with the turning points price would be but also when it would occur.
Gann was able to tell months in advance what stocks were going to do while others could always tell why the market behaved in a particular way after it had happened.
In late 1928, he even predicted the great stock market crash for the fall of October 1929, saying that it would be the start of the biggest panic in history.
Gann’s method of market forecast was the result of his deep study of the supply and demand, a mathematical chart of money, business and commodities. He was even observed on money occasions in the trading pits to carry papers, devices and charts that related to the belief systems for example the square of nine and the Mason’s set square and divider.
Gann’s success in market forecast was attributed to his keen interest in the subjects other than the established thought on economics, finance and markets.
He published work on numerology and astrology. He said that he found everything he needed in the bible. He spent time studying in London, Egypt and India where he is said to have picked up much of the occult knowledge he claimed to use in his market predictions. He also spent nine months studying at the Astor Museum in New York University and British Museum in London. The works of Sepharial, an English astrologer, also had their influence on Gann.
Gann also made significant discoveries involving time cycles, including his famous Master Time factor. He studied major cycles such as the 10–, 20–, 30–, 40–, 50–, 60–, 80– and 100– year cycles and watched for market of the past to be repeated in future. He also discovered that markets regularly make tops and bottoms on seasonal times of the year (Solstices and equinoxes) and on anniversaries of previous tops and bottoms. He thought his students to watch for tops and bottoms every 30 days or degrees. His Gann Symbol tells us that 90–, 180–, 270–, 360– days and degree counts (the square) and the 120 – and 240– days and degree counts (the triangle) and they should forecast more significant tops and bottoms. He gave much weight to the cycles of 144 and 360, and again, the one-quarter and on-third divisions of these cycles.
Along with famous stock and commodity predictions Gann could successfully predict a world war and a panic in stock in early 1914. he also predicted the end of word war I and the abdication of the Kaiser in March 1918. his prophetic novel “Tunnel Thru the Air” had the forecast of world war II and the attack on the United States by Japan at Pearl Harbour.
He wrote books and brought out news letters such as “The Busy Man’s News” and supply and Demand Letter”. The famous books written by him include “Truth of the stock Tape”. “Wall Street Stock Selector”, “How to Make Profits Trading in Commodities”, “45 years in Wall Street”, “Magic Word” and his famous novel “Tunnel Thru the Air”.
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